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Trade Idea Update: USD/CHF - Stand aside

Discussion in 'Forex Trading Signals & Forecasts' started by Lily, Apr 26, 2016.

  1. Lily

    Lily Forum Member

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    Dollar's retreat after last week's late rise to 0.9797 has retained our view that further consolidation below this level would be seen and test of 0.9715-20 (38.2% Fibonacci retracement of 0.9585-0.9797) and possibly 0.9700 is likely, however, a drop below 0.9691-92 (50% Fibonacci retracement and current level of the lower[​IMG]

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